01 November, 2015

How Mergers Damage the Economy - The New York Times

How Mergers Damage the Economy - The New York Times: "The presence of a few dominant companies in an industry also makes it harder for entrepreneurs to start new businesses in that sector. The rate at which new businesses are created in the economy as a whole has been steadily falling since the 1970s, according to the Census Bureau. In 2013, the growth rate was 10.2 percent, down from 17.1 percent in 1977.

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